Overview
What is Lamar Area Hospice Association?
The Lamar Area Hospice Association is a nonprofit organization that offers vital support to terminally ill patients and their families. Their primary mission is to provide pain management and counseling services, offering assistance to 72 individuals in need. This compassionate association plays a crucial role in easing the suffering of those nearing the end of their lives, while also offering emotional support to their loved ones.
Official website here: www.lamarhospice.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
Lamar Area Hospice Association has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is based entirely on the organization’s Accountability & Finance metrics, suggesting a strong focus on financial health and ethical governance. The organization excels in areas such as having a completely independent board and strong policies in place to manage potential conflicts of interest, evidenced by their perfect scores in these categories.
The nonprofit demonstrates a high commitment to transparency and accountability, with practices such as documented board meeting minutes and comprehensive policies for whistleblowing and document retention. Additionally, their financial metrics indicate a healthy operation, with a low liabilities to assets ratio of 0.45% and a program expense ratio of 80.16%, meaning a significant portion of their funding is directed towards programs rather than administrative costs.
While the overall rating is commendable, there is always room for improvement. Organizations striving for higher ratings might focus on diversifying their funding sources or expanding their programming to enhance community impact further. Nonetheless, Lamar Area Hospice Association stands out for its strong governance and financial practices, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Lamar Area Hospice Association legitimate?
Lamar Area Hospice Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lamar Area Hospice Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $872,236
For more financial information, click here
Official website here: www.lamarhospice.org
What is the mission statement of Lamar Area Hospice Association?
The Lamar Area Hospice Association is dedicated to assisting terminally ill patients and their families by offering pain management and counseling services. Their mission is to provide aid and support, alleviating the suffering of 72 individuals in this process. The association plays a crucial role in facilitating emotional and physical care during challenging times, offering a compassionate and supportive environment for all involved.
Official website here: www.lamarhospice.org
Who is the CEO of Lamar Area Hospice Association?
Joyce Reedy is the Director of Lamar Area Hospice Association.
Official website here: www.lamarhospice.org
What is the revenue of Lamar Area Hospice Association?
Lamar Area Hospice Association's revenue in 2022 was $1,436,407.
Official website here: www.lamarhospice.org
Who are the executives of Lamar Area Hospice Association and what are their salaries?
The average compensation at Lamar Area Hospice Association during 2022 was $21,274. There are 41 employees and 8 volunteers at Lamar Area Hospice Association.
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Official website here: www.lamarhospice.org
Where can I find the form 990 for Lamar Area Hospice Association?
Lamar Area Hospice Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lamarhospice.org
Learn more at the official website: www.lamarhospice.org
Mission Statement of Lamar Area Hospice Association
The Lamar Area Hospice Association is committed to providing support for terminally ill patients and their loved ones. Their primary mission involves facilitating pain management and offering counseling services to ease the emotional and physical distress experienced by these individuals. This nonprofit organization extends its aid to a significant number of 72 individuals, demonstrating its dedication to making a positive impact in their lives during challenging times.
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Impact
July, 2024
Lamar Area Hospice Association provides crucial pain management and counseling services to terminally ill patients and their loved ones in the city of Lamar, CO. Their impact can be seen in the aid they provide to 72 individuals, offering support and comfort during a difficult and challenging time. Through their mission of facilitating pain management and counseling, the association plays a significant role in enhancing the quality of life for those facing terminal illness and their families.
This information is meant to be a general summary of Lamar Area Hospice Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,367
- Program Service Revenue: $1,170,014
- Gross Receipts: $1,436,407
Assets and Liabilities:
- Total Assets: $2,944,585
- Total Liabilities: $13,452
- Net Assets: $2,931,133
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$1,169,743
OTHER
Revenue
$271
Organization Details
Founding Year
1989
Principal Officer
Joyce Reedy
Main Address
PO BOX 843, LAMAR, CO, 81052
Website
www.lamarhospice.orgNTEE Category
Code: P74 - Human services
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